The Government has announced a further extension of the Australian Charities and Not-for-profits Commission (ACNC) transitional reporting arrangements.
These transitional reporting arrangements allow the ACNC to use its discretion to accept documents that were originally prepared for another regulator.
The previous extension of the transitional reporting arrangements applied until the 2018-19 financial year. This additional extension will be in place for the next five years, covering the 2019-20, 2020-21, 2021-22, 2022-23 and 2023-24 financial years.
To view the media release from the Assistant Minister for Finance, Charities and Electoral Matters, Senator The Hon. Zed Seselja, click here.